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BlackRock High Yield Bond Portfolio
mutual fund
BHYIX
Dividend policy
Active
Price as of:
$7.91
+0.01
+0%
primary theme
High Yield Bond
BHYIX (Mutual Fund)
BlackRock High Yield Bond Portfolio
Dividend policy
Active
Price as of:
$7.91
+0.01
+0%
primary theme
High Yield Bond
BHYIX (Mutual Fund)
BlackRock High Yield Bond Portfolio
Dividend policy
Active
Price as of:
$7.91
+0.01
+0%
primary theme
High Yield Bond
BHYIX - Snapshot
Vitals
- YTD Return 1.5%
- 3 Yr Annualized Return 7.2%
- 5 Yr Annualized Return 7.5%
- Net Assets $23.6 B
- Holdings in Top 10 8.2%
52 WEEK LOW AND HIGH
$7.90
$7.36
$7.94
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.62%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 119.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,000,000
- IRA N/A
Fund Classification
- Primary Theme High Yield Bond
- Fund Type Open End Mutual Fund
- Investment Style High Yield Bond
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$6.00
+0.17%
$29.65 B
4.30%
$0.26
blocked
blocked
blocked
0.33%
0.23%
$7.91
+0.13%
$23.58 B
4.81%
$0.38
blocked
blocked
blocked
1.54%
0.62%
$10.54
+0.10%
$19.41 B
5.01%
$0.53
blocked
blocked
blocked
3.94%
0.73%
$11.26
0.00%
$14.99 B
3.14%
$0.35
blocked
blocked
blocked
5.04%
0.68%
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$87.78
+0.06%
$20.37 B
4.44%
$3.89
blocked
blocked
blocked
0.74%
0.48%
$109.67
+0.03%
$9.78 B
4.57%
$5.01
blocked
blocked
blocked
0.86%
0.40%
$40.22
+0.15%
$6.88 B
4.76%
$1.91
blocked
blocked
blocked
-19.54%
0.15%
$45.82
-0.02%
$5.30 B
4.98%
$2.28
blocked
blocked
blocked
0.99%
0.30%
$27.44
0.00%
$5.12 B
4.59%
$1.26
blocked
blocked
blocked
1.93%
0.40%
BHYIX - Profile
Distributions
- YTD Total Return 1.5%
- 3 Yr Annualized Total Return 7.2%
- 5 Yr Annualized Total Return 7.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 5.37%
- Dividend Yield 4.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock High Yield Bond Portfolio
-
Fund Family NameBlackRock
-
Inception DateNov 19, 1998
-
Shares Outstanding1734052702
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Keenan
Fund Description
The fund invests primarily in non-investment grade bonds with maturities of ten years or less. It normally invests at least 80% of its assets in high yield bonds. The fund may invest up to 30% of its assets in non-dollar denominated bonds of issuers located outside of the United States. Its investment in non-dollar denominated bonds may be on a currency hedged or unhedged basis. The fund may also invest in convertible and preferred securities.
BHYIX - Performance
Return Ranking - Trailing
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.5% | -68.9% | 12.5% | 36.63% |
| 1 Yr | 16.1% | -14.1% | 50.8% | 34.99% |
| 3 Yr | 7.2%* | -11.6% | 17.7% | 23.67% |
| 5 Yr | 7.5%* | -5.3% | 13.9% | 13.28% |
| 10 Yr | 6.7%* | 1.4% | 9.9% | 10.20% |
* Annualized
Return Ranking - Calendar
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 0.3% | -75.1% | 399.1% | 41.33% |
| 2019 | 8.8% | -56.9% | 226.1% | 26.60% |
| 2018 | N/A | -61.3% | -0.4% | N/A |
| 2017 | N/A | -49.0% | 18.8% | N/A |
| 2016 | N/A | -25.2% | 28.6% | N/A |
Total Return Ranking - Trailing
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.5% | -68.9% | 12.5% | 36.76% |
| 1 Yr | 16.1% | -16.7% | 57.3% | 31.34% |
| 3 Yr | 7.2%* | -11.6% | 16.5% | 22.40% |
| 5 Yr | 7.5%* | -5.3% | 13.2% | 14.03% |
| 10 Yr | 6.7%* | 1.4% | 9.9% | 9.63% |
* Annualized
Total Return Ranking - Calendar
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 0.3% | -75.1% | 399.1% | 41.33% |
| 2019 | 8.8% | -56.9% | 23.9% | 29.39% |
| 2018 | N/A | -61.3% | 1.3% | N/A |
| 2017 | N/A | -49.0% | 18.8% | N/A |
| 2016 | N/A | -25.2% | 39.0% | N/A |
NAV & Total Return History
BHYIX - Holdings
Concentration Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Net Assets | 23.6 B | 3.71 M | 29.6 B | 0.41% |
| Number of Holdings | 1616 | 1 | 2442 | 1.11% |
| Net Assets in Top 10 | 1.93 B | -493 M | 3.93 B | 1.48% |
| Weighting of Top 10 | 8.15% | 2.5% | 100.0% | 78.08% |
Top 10 Holdings
- BlackRock Liquidity T-Fund Instl 2.82%
- TransDigm, Inc. 6.25% 1.32%
- Clarios Global Lp 8.5% 0.58%
- Ascent Resources Utica Holdings Ll Tl 0.55%
- Ascent Resources Utica Holdings Ll Tl 0.55%
- Ascent Resources Utica Holdings Ll Tl 0.55%
- Ascent Resources Utica Holdings Ll Tl 0.55%
- Ascent Resources Utica Holdings Ll Tl 0.55%
- Ascent Resources Utica Holdings Ll Tl 0.55%
- Ascent Resources Utica Holdings Ll Tl 0.55%
Asset Allocation
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Bonds | 94.10% | 0.00% | 147.88% | 47.34% |
| Stocks | 2.79% | -10.91% | 31.60% | 11.25% |
| Convertible Bonds | 2.52% | 0.00% | 19.02% | 24.60% |
| Cash | 0.46% | -44.84% | 100.00% | 76.89% |
| Other | 0.13% | -52.60% | 32.06% | 16.44% |
| Preferred Stocks | 0.00% | 0.00% | 19.22% | 63.66% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Energy | 42.88% | 0.00% | 100.00% | 45.00% |
| Basic Materials | 19.84% | 0.00% | 100.00% | 6.11% |
| Real Estate | 15.37% | 0.00% | 100.00% | 4.63% |
| Technology | 7.33% | 0.00% | 61.28% | 8.33% |
| Consumer Cyclical | 6.13% | 0.00% | 100.00% | 25.74% |
| Healthcare | 4.31% | 0.00% | 60.00% | 15.74% |
| Communication Services | 4.03% | 0.00% | 100.00% | 36.67% |
| Industrials | 0.10% | 0.00% | 100.00% | 35.74% |
| Utilities | 0.00% | 0.00% | 100.00% | 47.04% |
| Financial Services | 0.00% | 0.00% | 100.00% | 51.85% |
| Consumer Defense | 0.00% | 0.00% | 100.00% | 38.52% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| US | 2.77% | -13.16% | 30.16% | 11.12% |
| Non US | 0.02% | 0.00% | 14.47% | 29.05% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Corporate | 96.65% | 0.00% | 100.00% | 35.64% |
| Cash & Equivalents | 2.91% | 0.00% | 100.00% | 55.45% |
| Securitized | 0.39% | 0.00% | 95.33% | 30.07% |
| Government | 0.04% | 0.00% | 71.25% | 34.03% |
| Derivative | 0.00% | 0.00% | 46.55% | 47.28% |
| Municipal | 0.00% | 0.00% | 11.44% | 34.65% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| US | 81.17% | 0.00% | 123.46% | 47.71% |
| Non US | 12.93% | 0.00% | 97.21% | 42.77% |
BHYIX - Expenses
Operational Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.62% | 0.01% | 4.79% | 73.44% |
| Management Fee | 0.41% | 0.00% | 1.84% | 15.04% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.04% | 0.00% | 0.50% | 13.40% |
Sales Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.00% | 5.50% | N/A |
Trading Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 119.00% | 0.00% | 349.00% | 85.51% |
BHYIX - Distributions
Dividend Yield Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.81% | 0.00% | 3.95% | 34.44% |
Dividend Distribution Analysis
| BHYIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.37% | -2.17% | 10.53% | 30.90% |
Capital Gain Distribution Analysis
| BHYIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Feb 28, 2019 | $0.033 |
| Jan 31, 2019 | $0.037 |
| Dec 31, 2018 | $0.039 |
| Nov 30, 2018 | $0.038 |
| Oct 31, 2018 | $0.039 |
| Sep 28, 2018 | $0.037 |
| Aug 31, 2018 | $0.037 |
| Jul 31, 2018 | $0.038 |
| Jun 29, 2018 | $0.035 |
| May 31, 2018 | $0.036 |
| Apr 30, 2018 | $0.035 |
| Mar 29, 2018 | $0.035 |
| Feb 28, 2018 | $0.033 |
| Jan 31, 2018 | $0.037 |
BHYIX - Fund Manager Analysis
Managers
James Keenan
Start Date
Tenure
Tenure Rank
Dec 31, 2007
13.51
13.5%
Mr. Keenan is a Managing Director of BlackRock, Inc. since 2008 and Head of the Leveraged Finance Portfolio Team from 2006 to 2007;Prior to joining BlackRock in 2004, He was a senior high yield trader at Columbia Management Group from 2003 to 2004. Mr. Keenan began his investment career at UBS Global Asset Management where he held roles as a trader, research analyst and a portfolio analyst from 1998 through 2003. Mr. Keenan holds the Chartered Financial Analyst designation.
Mitchell Garfin
Start Date
Tenure
Tenure Rank
May 08, 2009
12.15
12.2%
Managing Director of BlackRock, Inc. since 2009 and Co-Head of U.S. Leveraged Finance; Director of BlackRock, Inc. from 2005 to 2008.
Derek Schoenhofen
Start Date
Tenure
Tenure Rank
May 08, 2009
12.15
12.2%
Derek Schoenhofen is a Managing Director of BlackRock, Inc. since 2019; Director of BlackRock, Inc. from 2006 to 2018; Vice President of BlackRock, Inc. from 2000 to 2005.
David Delbos
Start Date
Tenure
Tenure Rank
Mar 20, 2014
7.28
7.3%
Managing Director of BlackRock, Inc. since 2012; Director of BlackRock, Inc. from 2007 to 2011; Vice President of BlackRock, Inc. from 2005 to 2006.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.06 | 36.88 | 6.79 | 2.0 |
